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ETB to USD - Ethiopian Birr to US Dollar Converter

Convert Ethiopian Birr to US Dollar with daily ECB exchange rates

1 ETB = ~0.006431 USD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

This currency pair is highly volatile. Always check live rates before transactions.

ETB to USD moves can be sizable. Quick math may mislead. Always check live quotes before transfers and set rate alerts.

Rates can move 5%+ in a week. Use live converter for accuracy.

⚠️ Check rates before transfers📊 Monitor policy announcements🔔 Set rate alerts

Common ETB - USD Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Active
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Inflation gaps, central bank policy, trade balance, capital flows, and political stability guide the rate. Market sentiment and global liquidity also push ETB movements.

Economic Context

Trading Relationship

The US and Ethiopia engage in limited direct trade compared with major partners, but USD pricing remains common for imports and some exports. ETB movements influence cost and cash flow in Ethiopian businesses.

Key Rate Factors

  • •National Bank of Ethiopia policy and currency management
  • •Inflation differentials between ETB and USD
  • •Trade balance and import dependence
  • •Political stability and reforms
  • •Global risk sentiment and liquidity

Central Banks

National Bank of Ethiopia
Addis Ababa, Ethiopia
Regulates money supply and sets monetary policy to maintain price stability.
Federal Reserve System
Washington, D.C., USA
The U.S. central bank. Manages interest rates, inflation, and lender of last resort functions.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates